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PARIS/LONDON: Fears that a looming U.S. fine on BNP Paribas BNPP.PA could be big enough to force it to raise capital and restrict its dividends hit France's biggest bank on Friday, driving its shares sharply lower.
HONG KONG: China's decision to park its biggest mobile oil rig 120 miles off the Vietnamese coast has exposed how vulnerable Hanoi, and other littoral states of the South China Sea, are to moves by the region's dominant power to assert its territorial claims.
KUALA LUMPUR: Maybank Investment Bank Research is maintaining its Overweight call on the oil and gas sector and its top picks are Dialog Group, Perdana Petroleum, SapuraKencana Petroleum, Perisai Petroleum and Yinson.
KUALA LUMPUR: Philippines President Benigno Aquino has called for active interaction among business leaders, urging both political leaders and business captains to prioritise for the betterment of the people.
KUALA LUMPUR: RHB Banking Group, one of the largest fully integrated financial services group in Malaysia, is focused on its next phase of regional transformation, after delivering another profitable year in 2013.
WASHINGTON: Switzerland and Norway are the world's most expensive economies, followed by Bermuda, Australia and Denmark, according to a new ranking by the World Bank.